The following is a list of commonly used terms for your reference.
| AMR (Automated Meter Reading Device) |
| Allows for daily metering. Requirement for FT and IT service classifications. |
| BPU (Board of Public Utilities) |
| The governing body that oversees New Jersey State utilities. |
| BTU (British Thermal Unit) |
| The quantity of heat required to raise the temperature of one pound of water one degree Fahrenheit at or near 39.2F. |
| Capacity |
| The maximum quantity of natural gas that can be transported in a given period of time. |
| Cashout |
| It is the settlement of positive or negative differences (imbalance) between actual nominations and actual use. In a positive imbalance for FT and IT customers, the Company credits the customer an appropriate percentage level of the ICOG. In a negative imbalance for FT and IT customers, the excess quantity is billed to the customer at an appropriate percentage level of the Total Floor Price. There is a special provision for CTB customer cash out. |
| City Gate |
| The inter-connection between the facilities of an LDC, such as NJNG, and an interstate pipeline where the LDC takes possession of the gas. |
| D1 Demand Charge |
| Under FT and CTB rates, the D1 Demand Charge is the amount per therm that is applied to the MDQ. |
| D2 Demand Charge |
| Under a CTB rate the D2 Demand Charge is the amount per therm that is applied to the MDB. |
| Demand Charge |
| A monthly per Dekatherm charge set by tariff or contract and paid even if the customer takes no service. |
| DTH (Dekatherm) |
| A unit of heating equivalent to 10 therms. |
| EDI |
| Electronic Data Exchange. |
| HMAD (Highest Monthly Average Daily) |
| Customer's average daily usage for the month in which they had the highest usage per day. This is meter specific. |
| MDB (Maximum Daily Balancing Quantity) |
| Maximum quantity of gas balanced on a daily basis for CTB service. This is the difference between the MDQ and the HMAD. This is meter specific. |
| MDQ (Maximum Daily Quantity) |
| Calculation for theoretical amount of gas customer used on their peak day. This is meter specific. |
| Therm |
| A unit of heat equivalent to 100,000 BTU's. |
Beacon Technologies, Inc.
